NJ TECH CORNER: MISTRAS GROUP, INC.
Photo: MISTRAS Group CEO Dennis Bertolotti Photo Credit: Dennis M. Bertolotti
MISTRAS Group CEO Dennis Bertolotti | Dennis M. Bertolotti

Company Overview 

MISTRAS Group, Inc. (NYSE: MG) is a global provider of technology-enabled asset protection solutions used to evaluate the structural integrity of energy, industrial and public infrastructure.  Services and solutions are delivered globally and provide customers with asset life extension, improved productivity and profitability, compliance with safety and environmental regulations, and enhanced risk management operational decisions. The company combines industry-leading products and technologies 24/7 online monitoring of critical assets; mechanical integrity (MI) and non-destructive testing (NDT) services; destructive testing services (DT) and data warehouse and analysis software to provide systems and solutions for a single-source provider. Founded in 1978 under its former name Physical Acoustics Corp., the Princeton Junction-based company has approximately 6,000 employees in approximately 120 offices in 14 countries.

   Investment & Financial Information

Shares of common stock outstanding (as of March 19, 2018):

28,301,698

Share price of stock (as of May 25, 2018)

  $18.93

Share price of stock (one year ago)

  $20.68

Current valuation (as of May 25, 2018)

  $535.75 million

Valuation one year ago

  $591.06 million

Stock Symbol:

NYSE: MG

Revenues  (as of Dec. 31, 2017)

$700.97 million

Revenues (previous year)

$404.16 million

Net Income (Loss) (as of Dec. 31, 2017)

9999/309/30/162015vvvvmontmonths ended)

($2.168 million)

Net Income (previous year)

 $14.463 million

 
 

Management Team

 

Name

Age

Title

 Sotirios J. Vahaviolos

71

Executive Chairman

Dennis Bertolotti

58

President and Chief Executive Officer

Michael C. Keefe

60

Executive Vice President, General Counsel and Secretary

Michael J. Lange

57

Vice Chairman, Senior Vice President of Global Business Development, Marketing and Strategic Planning and Direction

Edward J. Prajzner

N/A*

Senior Vice President, Chief Financial Officer, and Treasurer

Jonathan H. Wolk

56

Senior Vice President and Chief Operating Officer

 *Not available


  Board of Directors

 

Name

Age

Title

Dennis Bertolotti

58

President and Chief Executive Officer

Nicholas DeBenedictis

72

Chairman Emeritus and Retired Chief Executive Officer,  Aqua America, Inc.; non-executive Chairman and Director, Exelon Corporation and P.H. Glatfelter Co.; board member of various Pennsylvania-area non-profit, civic and business organizations  

James J. Forese

82

Operating Partner and Chief Executive Officer, HCI Equity Partners 

Richard H. Glanton

71

Chief Executive Officer and Chairman, Philadelphia Television Network; Managing Member, Elected Face LLC; Director, Aqua America, Inc.; The GEP Group; member of the Board of Trustees, Lincoln University

Michael J. Lange


57

Vice Chairman; Senior Vice President, Strategic Planning and Business Development

Manuel N. Stamatakis

70

President and CEO, Capital Management Enterprises, Inc.; Founding Member, First Financial Resources; Chairman of the Board, Greater Philadelphia Tourism, Philadelphia Shipyard Development Corporation; and Pennsylvania Supreme Court Investment Advisory Board

Sotirios J. Vahaviolos

71

Founder and Executive Chairman; Member of The American Society for Nondestructive Testing; The Acoustic Emission Working Group; the International Committee for Nondestructive Testing; Founder, NDT Academia International

W. Curtis Weldon

70

Former U.S. Representative for the 7th District of Pennsylvania; former Vice Chairman of the Armed Services Committee and Homeland Security Committee , and various other congressional committees; Founder, Jenkins Hill International; member of board of advisors of numerous governmental and business organizations





















comments powered by Disqus




NYConvergence Advertisement
Sponsored Links
Small Business Employee Benefits—Free Gift With New Quote
 

Sign Up for New Jersey Tech Weekly’s E-mail Newsletter!

Don't miss out on exclusive content, important recaps and much more!

Close